Earlier this year, the U.S. Securities and Exchange Commission (SEC) delayed implementation of its central clearing mandate of U.S. Treasury securities.

Buy-side equity traders in the U.S. continue to warm up to outsourced trading (OT), with nearly 10% using such platforms for the second year in a row.

Derivatives markets thrive in times of volatility, and the first half of 2025 has delivered.

In 2024, nonbank liquidity providers (NBLP) generated $25.6 billion via market making in equities, fixed income, currencies, and commodities—22% higher than the year before.

Global markets trading revenue of the Coalition Index Banks has increased 8.9% in 2024 vs. 2023. This growth was driven by a surge in equities products, securitization, credit, and emerging markets (EM) macro.

U.S. equity program trading is quickly evolving into an electronic workflow, with managers executing 46% of their program trades electronically, up from 35% just two years prior.

The European corporate bond market experienced impressive growth in 2024, with daily trading volumes growing 18% to reach €12.1 billion per day in 2024 ($13 billion).

Transaction Banking Revenues decreased marginally in FY24, driven by a flat performance in Trade Finance and offset by a decline in Cash Management.

Securities Services Index Revenues increased in FY24, driven by both higher fees, and a moderate uptick in Net Interest income. Securities Services fees grew for the first time in the past three years, supported by a rise in Equity market valuations...

FY24 Coalition Index Investment Banking revenues increased 13% YoY.